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BRUSDT liquidation cascade on October 20, 2026

BRUSDT fell as much as 35.8% and finished 26.6% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-35.8%
Net move
-26.6%
Reported liquidations
$599K
Largest liquidation
$12K
Duration
43h 3m
Volume
$156M
Liquidation cascadeBinance
10-20 08:59 to 10-23 01:33 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-22 20:00 UTC.

Research markers

Why the liquidation cascade label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.70 of 1longs liquidated 70%liquidations $599K

How these numbers are measured

Peak and net moves start from the recorded baseline, which can differ from the replay's first price.

Liquidations are reported venue snapshots; orders a venue left out are not rebuilt.

Exact definitions
  • Replay window: 2026-10-20T19:45:00.000Z to 2026-10-22T14:48:00.000Z.
  • Recorded baseline: $0.68774. High: $0.69275. End: $0.5046.
  • Detected Oct 21, 2026 · 06:06 UTC. Episode baseline $0.6877 at Oct 20, 2026 · 19:45 UTC.
  • The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
  • Price-extreme and wick times mark the source candle, not the exact tick.
Data provenance and methodology →
What the replay includes
Recorded streams
Order book (L2)4.4MTrades / tape2.2MLiquidations877Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots2.6K
What you will see
  1. BRUSDT fell as much as 35.8% and finished 26.6% below its recorded baseline. The event lasted 43h 3m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $599K liquidated, largest reported liquidation $12K.
  4. Capitulation wick of 1.5% at 06:44 UTC.
  5. Funding flipped positive at 23:26 UTC (+0.005%).